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I'd like to understand more about this situation. If you are in a position where there is a reasonable chance that you will incur large amounts of debt with no
by gcheong 17y ago
I'd like to understand more about this situation. If you are in a position where there is a reasonable chance that you will incur large amounts of debt with no ability to pay it off, for example your free facebook game unexpectedly gets way more popular than you expected and you didnt read the fine print of your hosting agreement that says you suddenly owe them a zillion dollars in bandwith usage fees, then it does make sense to incorporate against this kind of liability but I'd like to know how the particular situation you are referring to came about.
- tptacek 17y agoWhat you're asking is, describe a situation in which a startup crashed with a large outstanding hosting bill. I'm not going to, but I don't think it's hard to see how that could happen. I could give other examples, but they hit somewhat closer to home.